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WATERS v. TAYLOR

Civ. 6141.

527 So.2d 139 (1988)

N.H. WATERS, Jr., and Jackson Insurance Agency, et al. v. Don TAYLOR, individually, and Don Taylor, d/b/a State Farm Insurance Company.

Court of Civil Appeals of Alabama.

Rehearing Denied April 6, 1988.

Certiorari Denied June 24, 1988.

Attorney(s) appearing for the Case

Douglas Corretti, Jesse P. Evans III, and James R. Scalo of Corretti & Newsom, Birmingham, for appellants.

David D. Wininger and David L. Manz of Wininger & Lee, Birmingham, for appellees.

Alabama Supreme Court 87-842.

INGRAM, Judge.

This case concerns an action based upon a written commercial lease. The lessors contend that the lessee owes $4,335.30, based on the following provision in the lease:

"226. It is understood and agreed that the monthly guaranteed rental of THREE HUNDRED TWENTY-FIVE AND NO/100 ($325.00) DOLLARS per month will be adjusted on July 1, 1980, and each July 1st thereafter during the lease term, up or down, by an...

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